Funding you earn now, next payment 00:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.021%
Price spread now: Extended against Nado+0.261%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1601.599% of the position
Funding, last 3 days (all we have)+0.144%+$14 on $10k
+Price spread, last 3 days (all we have)−0.463%−$46 · spread now +0.261%, 7d avg −0.025%
=Together, before fees−0.319%+ Points / potential airdropNado: Active · Extended: Active · farm board−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.286% dearer against Nado than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado PONS-PERP | 0.6090 | 0.0100 | pay 0.0012% / 1h | 55m 22s | $86K | $107K | 5x |
| Short | Extended PONS-USD | 0.6106 | 0.0248 | get 0.0031% / 1h | 55m 22s | $251K | $680K | 5x |
Nado PONS-PERP
Extended PONS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $31.08
- Price spread: +0.261% → −0.025%
- $28.57
- Slippage, 4 orders
- −$154.88
- Fee Nado: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$100.23
- Costs to cover
- 1.599%
- Break-even
- 29.6 days
Slippage from Nado: live order book, 13 min ago; Extended: live order book, 23 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 13 min ago | 17.17 bp | 54.8 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 23 min ago | 11.94 bp | 26.3 bp −$26 | 183.1 bp −$1,831 | doesn't fit | doesn't fit |
PONS on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −0.0047% | 1h | 0.5969 | −1.979% | $614 | $10K | 5.5x | as long as short |
| gTrade (Gains Network) PONS/USD | L +0.0033% / S −0.0036% | 1h | 0.6102 | +0.196% | $230K | — | 150x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6079 | −0.181% | $21K | $450K | 20x | as long as short |
| Nado PONS-PERPlong | +0.0100% | 1h | 0.6090 | long leg | $86K | $107K | 5x | |
| Bybit PONSUSDT | +0.0100% | 4h | 0.6108 | +0.296% | $18.4M | $31.8M | 20x | as long as short |
| OKX PONS-USDT-SWAP | +0.0100% | 4h | 0.6108 | +0.296% | $13.9M | $58.1M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.0100% | 4h | 0.6102 | +0.202% | $1.8M | $3.7M | 20x | as long as short |
| Variational Omni PONS | +0.0100% | 4h | 0.6082 | −0.128% | $1.4M | $4.3M | — | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6091 | +0.016% | $33K | $360K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6108 | +0.296% | $3K | $3K | 10x | as long as short |
Injective PONS/USDC PERP
gTrade (Gains Network) PONS/USD
Popdex PONSUSDT
Bybit PONSUSDT
OKX PONS-USDT-SWAP
KuCoin PONSUSDTM
Variational Omni PONS
ApeX Omni PONSUSDT
Orderly PERP_PONS_USDC_mythosShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PONS-USDT | +0.0100% | 4h | 0.6101 | +0.187% | — | $1.4M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6112 | +0.369% | $28K | $548K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6107 | +0.279% | $65K | $508K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6106 | +0.263% | $1.7M | $3.3M | 20x | as long as short |
| Bitget PONSUSDT | +0.0110% | 4h | 0.6112 | +0.360% | $4.8M | $11.7M | 20x | as long as short |
| Aevo PONS-PERP | +0.0144% | 1h | 0.6105 | +0.245% | $380 | — | 3x | as long as short |
| Lighter RH PONS | +0.0152% | 1h | 0.6089 | −0.025% | $429K | $2.6M | 3x | as long as short |
| Aster PONSUSDT | +0.0174% | 4h | 0.6086 | −0.060% | $1.1M | $2.2M | 20x | as long as short |
| Lighter PONS | +0.0192% | 1h | 0.6108 | +0.292% | $1.7M | $921K | 3x | as long as short |
| Extended PONS-USDshort | +0.0248% | 1h | 0.6106 | +0.261% | $251K | $680K | 5x | |
| MEXC PONS_USDT | +0.0250% | 4h | 0.6098 | +0.131% | $8.1M | $4.8M | 20x | as long as short |
| Binance PONSUSDT | +0.0250% | 4h | 0.6106 | +0.261% | $39.8M | $98.8M | 20x | as long as short |
| BingX PONS-USDT | +0.0252% | 4h | 0.6108 | +0.296% | — | $3.1M | — | as long as short |
| edgeX PONSUSDC | +0.0256% | 4h | 0.6092 | +0.027% | $21K | $292K | 10x | as long as short |
| BloFin PONS-USDT | +0.0490% | 4h | 0.6110 | +0.328% | $1.7M | $1.0M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.0761% | 1h | 0.6107 | +0.281% | $40K | $1.7M | 3x | as long as short |
| Pacifica PONS | +0.0899% | 1h | 0.6086 | −0.073% | $48K | $96K | 3x | as long as short |
| Hyperliquid PONS | +0.0962% | 1h | 0.6104 | +0.232% | $62.1M | $30.7M | 3x | as long as short |
| Phoenix PONS | +0.1398% | 1h | 0.6092 | +0.034% | $31K | $102K | 3x | as long as short |
| Gate PONS_USDT | +0.1796% | 4h | 0.6096 | +0.099% | $5.3M | $6.2M | 20x | as long as short |
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
Bitget PONSUSDT
Aevo PONS-PERP
Lighter RH PONS
Aster PONSUSDT
Lighter PONS
MEXC PONS_USDT
Binance PONSUSDT
BingX PONS-USDT
edgeX PONSUSDC
BloFin PONS-USDT
Polymarket Perps PONS-USD
Pacifica PONS
Hyperliquid PONS
Phoenix PONS
Gate PONS_USDT